3880 23rd AVE SWNaplesFL34117
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Naples at 3880 23rd AVE SW, Naples, FL, 34117 generates $4,441/mo in rent, after a $3,363/mo payment. Total monthly income is $4,441/mo. Return on cash invested sits at 19.43% in year one, and rental yield is 7.76% on a $687,000 entry. Equity gained on principal adds $4,433/yr, while 5% annual appreciation builds toward $189,805 over five years. Five-year ROI reaches 100.84% and total cumulative return in cash sums $227,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,441/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34117, Naples, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,209 (100%) |
| Owner Occupied HU | 5,425 (87.4%) |
| Renter Occupied HU | 581 ( 9.4%) |
| Vacant Housing Units | 203 ( 3.3%) |
| Median Home Value | $521,901 |
| Average Home Value | $618,596 |
Housing Distribution
Address Breakdown
Residential
5,991
Single Family
5,991
Multi-Family
0
Businesses
96
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